How will the economy affect WOH/SAH?

iVillage Member
Registered: 04-08-2003
How will the economy affect WOH/SAH?
2639
Wed, 02-11-2009 - 1:09pm
How do you think the economy will affect decisions by women to stay at home versus work? With so many people losing jobs, do you think more women will be forced back into a job to help out (or take over) family finances? Is SAH parenting

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iVillage Member
Registered: 01-15-2006
Fri, 02-20-2009 - 9:13am

I think many people didn't expect the bubble to burst. I am hoping with this crises people will learn to be more money savvy, and put savings away to help avoid these situations in the future. A lot of families are suffering even if one parent loses their job. Then it falls to the children who might not understand why they can't have the things they had before.


I guess financial counseling would be a good profession right now, lol.


 

iVillage Member
Registered: 08-25-2008
Sat, 02-21-2009 - 8:03pm

I'll tell ya, I knew it would burst but not like this.

iVillage Member
Registered: 01-15-2006
Sat, 02-21-2009 - 8:58pm

i used to question the housing thing too.

 

iVillage Member
Registered: 07-17-2007
Sun, 02-22-2009 - 8:00pm
Me too. I was predicting a 10-20% pop, then a plateau for 5-10 years. Just like the last two housing bubbles. But, predicting the market by looking backward is a little like driving using only your rear view mirrors. It doesn't always work.
iVillage Member
Registered: 02-05-2009
Sun, 02-22-2009 - 8:30pm

Why is there always an assumption that dual WOHS haven't cut back? That they don't live as meagerly or thrifitily as families with a SAHP? That assumption is tossed around here and elsewhere a lot and it is truly a bad assumption.


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iVillage Member
Registered: 06-17-2004
Mon, 02-23-2009 - 2:44am

**financial counselor as in a dave ramsey sort? eek,lol. i don't trust alot of what he has to say.

but you make me wonder what really is a leading,aspiring industry nowadays. a few years ago,it was IT,financial planning. i don't know if that's the direction young kids in college will want to pursue anymore given the state of the economy.

Don't know who Dave Ramsey is...but those people who help you get your bills in order. I am sure it will spawn some scams as well. A woman in my PG already got hit by a mortgage one.

I am not sure what will be the next leading industry. Maybe the field with the most need for workers, that being the medical industry due to the aging baby boomers. I kick myself everyday for changing my major from nursing and then not joining my friend in nursing school at a local hospital.

Any of the young kids going into business or financial industries will run into problems that is for sure. I feel bad for all those who are almost finished with their programs only to graduate and there is nothing out there for them.


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Avatar for mom2danjam
iVillage Member
Registered: 03-26-2003
Tue, 03-10-2009 - 9:31am

Really. I just graduated college in December and have sent out resume after resume, application after application, and so far, nothing.

So, for now, I SAH, we watch our pennies and hope for the future.

Avatar for rollmops2009
iVillage Member
Registered: 02-24-2009
Tue, 03-10-2009 - 9:38am

I figured the market would bottom out at 6500. It closed at that yesterday, and it does not look as if this is the bottom yet.

ETA: As I see the numbers climbing today, I have to conclude that I was not alone in pegging 6500 as a bottom number. Still, I doubt it is over just yet.




Edited 3/10/2009 12:30 pm ET by rollmops2009
iVillage Member
Registered: 02-06-2009
Tue, 03-10-2009 - 10:46am

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Registered: 02-06-2009
Tue, 03-10-2009 - 10:49am

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